All about life and real estate in Loudoun County, Virginia
Summer is almost here and our market tends to take a one week breather as the school year ends. It's a good time to take a look at what has been going on over the last month and see how that compares to last year. Based on what my client's have experienced this spring, the numbers show what I expected. Let's take a look... Excluding new … [Read more...]
It's the beginning of June (last week of school too, yahoo!) and inventory in LoCo is still low. If you are searching in the $600,000 price point, you have 58 of the 893 total homes currently on the market from which to choose. (As shown in the multiple listing service this morning, excluding all new construction.) Considering 257 homes … [Read more...]
The Spring market is in full swing and inventory in LoCo is still very low. If you are searching in the $500,000 price point, there are currently 42 homes from which to choose, just over one month's worth of inventory. (As shown in the multiple listing service this morning, excluding all new construction.) The average home in … [Read more...]
Two weeks ago I wrote about the top selling neighborhoods in LoCo, and Brambleton was the leader of the pack with 15 sales in the previous 30 days. Well, the top spot now belongs to South Riding with 29 sales in the last month. Let's take a look at what is moving in this community and how it could affect you. Sixteen townhomes have changed … [Read more...]
Every day I search the multiple listing service looking for something that sticks out. Sometimes it's a neighborhood that's really active, others it is a price point which is unusually quiet. Poking around this morning, I found there are 42 existing homes for sale over $2 million in LoCo (10 yet to be built new construction are listed as … [Read more...]
A couple of weeks ago I wrote about the hottest selling zip codes in LoCo, and Belmont Country Club was at the top. Today, let's take a look at what having the option to join an exclusive private club in Ashburn means for your real estate investment. Over the last 90 days, 16 townhomes have sold (non-new construction) in Belmont at an … [Read more...]
Last week I wrote about the top selling zip codes in LoCo. When researching that post, I found Brambleton was one of the busiest neighborhoods in the county. Today, let's take a look at the activity there over the last 90 days: Since December 27, non-new construction townhomes have sold at an average price of $434,168. Compared to the … [Read more...]
Despite yesterday's brief snow, it's spring and the market is heating up. Today, let's take a look at what's been happening in the Broadlands neighborhood in Ashburn during the last few months. I've spent some time with clients here lately, and can personally attest to what the numbers reveal. Over the last 90 days, 12 townhomes have sold … [Read more...]
Yesterday, I wrote about how LoCo is a seller's market right now. There was so much intriguing data I couldn't put it all in one post, so today we are going to look into the details of where things have been selling over the last month. Ashburn has the hottest zip code, while Leesburg is a close second. No surprises for the … [Read more...]
Around this time last year, Heather wrote a post about the low inventory levels to start the spring market. Well, 380 days later and we are in a smaller boat! Over the last 30 days (as of this afternoon), only 644 new resale listings (non-new construction) have come on the market. Amazingly, 51% (337) of those are already under contract! It's … [Read more...]
